Greetings Everyone 🙌
- Today I will talk about the DCA investment method and how you can apply it on BinanceTr 👇
Friends, DCA, or Dollar Cost Averaging can be referred to as the regular purchase method in Turkish. It sounds cool now, but its logic is very simple.
Think about it this way: You have a lump sum of money, but you're constantly wondering, "Should I buy now at the peak, will it drop, will it rise?" This is exactly where DCA comes into play.
What do we do? We invest a predetermined amount (for example, 1000 TL monthly) into the asset we choose — it could be stocks, gold, or crypto — at regular intervals. This means we buy more when the price drops and less when it rises. In the long run, we make a much more balanced investment at an average cost.
The best part is: The stress of wondering, “Should I buy at the bottom, or should I wait a bit longer?” completely disappears. You proceed in a disciplined manner, without being swayed by emotions.
In summary: Instead of chasing the timing, invest over time. 📈
So how can we do this through crypto?
In this section, determine how much and which coin you will buy in what time frame through the automatic investment section on BinanceTR, and then sit back and relax :)
As you can see in the visual, you can select a date range to view past profit and loss ratios. You can check each coin individually for ideas.
Wishing everyone abundant profits 💕